Carbon4 Finance
Climate Impact & Sustainability Data (2010-2019)
Reporting Period: 2010-2019
Environmental Metrics
Total Carbon Emissions:1.84 GtCO2eq in 2019 (Shift Project); 3.8% of global GHG emissions in 2019 (GreenIT)
Total Energy Consumption:4.2% of world's primary energy consumption (GreenIT)
ESG Focus Areas
- Climate Change
Environmental Achievements
- Reduced scope 1&2 emissions per subscriber by 13% for Orange SA and 5% for AT&T Inc. over the last 5 years.
Climate Goals & Targets
Environmental Challenges
- Unsustainable growth in the ICT sector leading to increased GHG emissions.
- Rebound effect offsetting energy efficiency improvements.
- Difficulty in accessing data on product volumes and energy consumption.
- Insufficient understanding of scope 3 emissions.
- Lack of ambitious emissions reduction targets.
- Insufficient low-carbon investments.
- Inadequate addressing of transition risks.
Mitigation Strategies
- Developed Carbon Impact Analytics (CIA) methodology to assess transition risk and climate impact.
- Recommendations for digital companies to align with the Paris Agreement.
- Promoting digital sobriety.
Supply Chain Management
Responsible Procurement
- Working with low-carbon materials suppliers (for hardware manufacturers).
Climate-Related Risks & Opportunities
Physical Risks
- Supply chain disruptions due to climate hazards.
Transition Risks
- Regulatory constraints encouraging digital sobriety.
- Supply competition for rare metals.
- Electricity supply constraints for decarbonizing infrastructure.
Opportunities
- Development of energy-efficient products and services.